Selling 20 million vehicles in one year! Tesla's grand plan, the third step
Today's news reveals that Tesla will mass-produce a low-priced model priced at $25,000. This news is intriguing, especially before the release of the earnings report.
Today, Reuters reported that Tesla plans to start production of a low-cost model, codenamed "RedWood," in June 2025, with a price of $25,000.
However, Tesla China officials responded, saying, "We have never heard of this."
Tesla released its earnings report after the market closed today, and the timing of this news before the report is intriguing. Currently, Tesla's stock is up over 1% in pre-market trading.
Previously, Tesla mentioned at the Tesla Annual Shareholders Meeting that they are planning to launch two mass-market models, with a projected annual sales volume of at least 5 million units each.
Currently, it appears that one of the models is "RedWood," and the other is the Model 2, with a target annual sales volume of 5 million units each.
Tesla's goal is to sell 20 million electric vehicles annually and achieve a market value of $10 trillion by 2030.
Currently, it seems ambitious, as Tesla sold 1.8 million units in 2023. According to their target, they would need to increase sales by 11 times in 7 years.
Regardless of whether today's news is true or not, this is the direction Tesla is heading.
From Tesla's three "Secret Master Plan" articles, it is evident that everything is in line with this direction.
Once we understand this, we will grasp the core logic behind Tesla's long-term investment strategy.
The first "Secret Master Plan" was released in 2006:
The second "Secret Master Plan" was released in 2016:
The third "Secret Master Plan" was released in 2023:
